Base metals on the London Metal Exchange were split at the close of trading on Tuesday May 1, with copper, zinc and lead ending the day lower due to pressure from a stronger dollar index. Read more in our live futures report.

Chinese ferro-vanadium exporters increased their offer prices in the week ended April 27 amid recovering prices in Europe, while US ferro-vanadium prices stagnated due to inactivity in the spot market. Read more in our Global Vanadium Wrap.

The 250,000-tonne-per-year pipe mill of United Arab Emirates-based Conares Steel started production on April 29, chief executive officer Bharat Bhatia told Metal Bulletin.